Headline: 📉 History in the Making: Amazon’s Unprecedented 10-Day Slide
Is the e-commerce giant losing its grip, or is this the ultimate "buy the dip" moment? 🛒
For the first time since its infancy in 1997, $AMZN has officially marked its longest losing streak in history. Ten consecutive days in the red have wiped out a staggering $463 billion in market value, sending the stock spiraling into a technical bear market.
Why is this happening?
The market is reacting to Amazon’s massive $200 billion AI bet. Investors are spooked by the aggressive capital expenditure planned for 2026, favoring immediate margins over long-term infrastructure.
The Expert Take:
BitMine Chair Tom Lee took to X to highlight the rarity of this event. Drawing parallels to the late 90s, Lee underscores that we are witnessing a statistical anomaly. While the "Magnificent Seven" darling is down 20% from its highs, many analysts—including Lee—often view these historic corrections as the birth of the next major rally.
Is Amazon’s $200B AI gamble a visionary move or a costly mistake? Are you holding, selling, or loading up? 👇
